Updated almost 3 years ago on . Most recent reply

RSO Exemption for Owner-Occupied Duplex in City of LA?
Hello,
Are there any exemptions available to owner occupied duplexes in City of Los Angeles? My property is currently listed as covered under RSO. I live in one unit and rent the other. I'm seeing language in AB 1482 which seems to suggest if the duplex is owner occupied and the owner is NOT a real estate investment trust, a corporation or limited liability corp then there's an RSO exemption?? I'm hoping for some clarification.